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Across the South, closed sales declined 4.1% over the past month and 14.6% over the past year, reflecting the effects of low inventory and the highest mortgage rates in a generation, National ...
South Florida’s housing market defies even national trends. The number of single-family homes and condos fell by close to 2% nationwide, according to the National Association of Realtors.
In a recent article, Dave Ramsey's website, Ramsey Solutions, reported some key findings on the housing market in Florida, with predictions on what it'll look like for the remainder of this year....
Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand . The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the ...
In a narrow sense, the term real estate benchmarking refers to the specific real estate indicators used to measure the real estate properties. The individual indicators are referred to as key performance indicators, or KPI for short. Examples include the net cash flow, total rental incomes, or the internal rate of return.
July 1, 2024 at 5:04 AM. The Treasure Coast real estate market in May saw more homes listed, more homes sold, a stagnant or decreased median sale price and longer to get a signed contract compared ...
Days on market. Days on market (DOM, alternatively active days on market, market time, or time on market) is a measurement of the age of a real estate listing. The statistic is defined as the total number of days the listing is on the active market before either an offer is accepted or the agreement between real estate broker and seller ends.
All of these are evident in South Florida’s current housing market. “South Florida is experiencing a housing bubble,” Alyssa Soto Brody, a real estate broker and co-founder of Miami- and New ...